To start, let’s go back to basics. The State Pension is a guaranteed weekly income paid to you when you reach the State Pension age. You can, of course, retire earlier if you have other income sources or other pensions, but you don’t getthiscash until you hit the State Pension age...
Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and ...
A cash balance pension plan is actually a type of defined benefit plan. This is because the accrued benefit is not solely determined based on the asset value in the specific employee-allocated account. Company contributions are calculated using actuarial assumptions. Each year interest is credited t...
And that’s not all. Moneybox has a whole host of tools for every stage of your home-buying journey. So you can go from first step to doorstep all from one app. We have free in-app tools like our Mortgage Calculator to help you see how much you need to save to buy your first ho...
The value of National Social Security Fund (NSSF) assets under fund managers fell by Sh19.5 billion in the first six months of the year on the back of underperformance in majority of firms trading on the Nairobi bourse. Data by the Retirement Benefits Authority (RBA) shows NSSF cash exter...
The value of your Moneyfarm investment depends on market fluctuations outside of our control and you may get back less than you invest. Past performance is no indicator of future performance. The tax treatment of a Moneyfarm Stocks and Shares ISA and a Moneyfarm Pension depends on your individua...
By entering a value into this section, your ‘Years to FI’ will reduce. For example, if you input £10,000 per year as passive income and your total annual expenses are £20,000. Then, by definition, you are already Half-FI. You are basically telling the calculator you don’t ne...
You could also land yourself in anegative equityposition. That’s why a cash out refinance should really only be reserved for times of great need, or in times when rates are simply too good to pass up. Do your homework (lots of it) and run the numbers through a mortgage calculator befo...
pension, the greater the risk to the farmer. A lower base rent increases the landlord`s share of the risk without crop insurance to protect their income. This is a lease where a base rent is paid and then a premium may or may not be paid if the returns exceed a base target. Then,...
If you’re looking for a simple way to get your hands on a little extra cash, consider this: You could already have a sum of money that you don’t know about. Money can slip through the cracks in many places, such as old bank accounts, insurance claims, tax refunds, pension plans,...